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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
4 Months Ended
Jan. 21, 2018
Jan. 22, 2017
Cash flows from operating activities:    
Net earnings $ 12,190 $ 35,930
(Losses) earnings from discontinued operations (699) 1,381
Income from continuing operations 12,889 34,549
Depreciation, Depletion and Amortization 19,157 21,263
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Amortization of Lease Incentives 147 25
Deferred finance cost amortization 1,031 1,123
Excess tax benefits from share-based compensation arrangements (802) (3,981)
Deferred income taxes 33,542 2,285
Share-based compensation expense 2,937 3,687
Pension and postretirement expense 715 1,297
(Gains) losses on cash surrender value of company-owned life insurance (2,163) 326
Gains on the sale of company-operated restaurants (8,940) (137)
Losses on the disposition of property and equipment, net (183) (530)
Impairment charges and other 805 467
Changes in assets and liabilities, excluding dispositions:    
Accounts and other receivables 26,539 25,208
Inventories 110 (111)
Prepaid expenses and other current assets 7,419 27,481
Accounts payable (371) (3,458)
Accrued liabilities (32,667) (37,940)
Pension and postretirement contributions (1,710) (1,440)
Franchise tenant improvement allowance disbursements (1,761) 0
Other Operating Activities, Cash Flow Statement (3,330) (1,376)
Cash flows provided by operating activities 53,730 69,798
Cash flows from investing activities:    
Purchases of property and equipment (10,793) (8,581)
Purchases of assets intended for sale and leaseback (1,411) (1,717)
Proceeds from the sale and leaseback of assets 4,949 2,466
Proceeds from the sale of company-operated restaurants [1] 5,591 138
Collections on notes receivable 9,410 264
Proceeds from the sale of property and equipment 589 87
Funding of intercompany operations (13,122) (5,805)
Other 2,969 (35)
Cash flows used in investing activities (1,818) (13,183)
Cash flows from financing activities:    
Borrowings on revolving credit facilities 106,200 231,000
Repayments of borrowings on revolving credit facilities (130,800) (167,000)
Principal repayments on debt (14,208) (14,398)
Dividends paid on common stock (11,736) (12,963)
Proceeds from issuance of common stock 0 4,756
Repurchases of common stock 0 (115,354)
Excess tax benefits from share-based compensation arrangements 0 3,981
Change in book overdraft (129) 7,804
Tax payments for equity award issuances (4,244) (5,706)
Cash flows used in financing activities (54,917) (67,880)
Cash flows used in continuing operations (3,005) (11,265)
Net cash provided by operating activities of discontinued operations 16,785 12,668
Net cash used in investing activities of discontinued operations (13,648) (12,304)
Net cash used in financing activities of discontinued operations (43) (40)
Net cash provided by discontinued operations 3,094 324
Cash at beginning of period 4,467 13,906
Cash at end of period $ 3,789 $ 2,641
[1] (1)Amounts in 2018 and 2017 include additional proceeds of $1.2 million and $0.1 million, respectively, related to restaurants sold in prior years.